FDI sector posts trade surplus of $34bln

Key export items include computers, electronics, and garments and textiles.

Vietnam’s FDI sector had posted a trade surplus of nearly $34 billion this year as of September 15, figures from the General Department of Vietnam Customs show.

Their total trade value in the period stood at $320.01 billion, down 12.3 per cent year-on-year.

The figure brings Vietnam’s total trade value to $464.08 billion, a year-on-year fall of 11.9 per cent. Of the total, exports contributed $242.04 billion.

Export revenue at FDI enterprises was estimated at nearly $177 billion, accounting for 73 per cent of the total. In the first half of September, FDI export revenue was estimated at $10.59 billion, down 18.7 per cent compared to the second half of August.

Key export items include computers and electronic components, phones and components, machinery and equipment, garments and textiles, footwear, wood and wooden products, and seafood.

Meanwhile, FDI enterprises had imported $143 billion worth of products this year as of September 15, or 64.4 per cent of the country’s total. In the first half of September, total import turnover reached $8.9 billion, down 6.5 per cent against the second half of August.

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